WASHINGTON, D.C. – Bryan Corbett, President & CEO of Managed Funds Association, issued a statement following the unanimous decision by CFTC Commissioners to eliminate Post-Trade Name Give-Up on Swap Execution Facilities:
“Today’s unanimous decision by the CFTC allows asset managers to better serve the needs of their investors, which include pension funds, endowments, and charitable foundations. Ending the practice of post-trade name give-up will increase price transparency and liquidity in swaps markets, providing more flexibility to asset managers and improving outcomes for investors and their beneficiaries. This 5-0 vote demonstrates the Commissioner’s commitment to transparency and liquidity in the swap market, which benefits all market participants.”
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